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147 new news items in the last 24 hours
  1. Home
  2. Economy
31 March 18:43

Bulgaria, Estonia and Hungary receive financial aid from the EU to compensate for losses caused by unfavorable climatic conditions. The amounts range between 3.3 and 10.8 million euros.

Raluca Ioana Draghici
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The European Commission has decided to allocate 21.5 million euros for farmers in Bulgaria, Estonia, and Hungary, who have suffered significant economic losses due to adverse weather events and natural disasters in 2025.


Bulgaria will receive 7.4 million euros, Estonia 3.3 million euros, and Hungary 10.8 million euros, with amounts potentially supplemented by up to 200% through national funding. In Bulgaria, severe drought and heatwaves have affected sunflower and corn production, while Estonia faced spring frosts and a cold growing season, impacting various crops. Hungary has suffered from extreme heat and water shortages, causing major heat stress on crops. National authorities are obliged to distribute the aid by September 30, 2026, and to inform the Commission about the criteria for granting aid and measures to avoid competitive distortions.


The funds come from the agricultural reserve of the Common Agricultural Policy (CAP) 2023-2027, which can allocate up to 450 million euros annually for managing market disruptions.


The European Commissioner for Agriculture, Christophe Hansen, emphasized the importance of support for agricultural communities affected by climate change.

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Comisia Europeană va aloca 21,5 milioane de euro ca sprijin de urgență pentru fermierii din trei state membre ale UE
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Comisia Europeană va aloca 21,5 milioane de euro ca sprijin de urgență pentru fermierii din trei state membre ale UE

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